Sammy Gyamfi rejects Afenyo-Markin’s claims that GoldBod made losses
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has rejected claims by Minority Leader Alexander Afenyo-Markin that the institution has incurred losses, describing the allegation as false. Mr Gyamfi said the claim was not supported by GoldBod’s audited financial statements for the 2025 financial year. In a Facebook post on Monday, August […]
Sammy Gyamfi, the CEO of the Ghana Gold Board (GoldBod), has firmly rejected Minority Leader Alexander Afenyo-Markin's assertion that the institution has incurred losses, dismissing it as false. In a Facebook post on August 17, 2026, Gyamfi cited GoldBod’s audited financial statements for the 2025 fiscal year as evidence that the organization had actually recorded significant surpluses.
According to the post, on page 16 of the report, GoldBod had an operational surplus of GH¢907 million and an overall surplus of GH¢5.4 billion. Gyamfi emphasized that these figures were drawn from an audit report prepared and published by the Auditor-General of Ghana, and he stressed the importance of relying on factual data. His response comes in the wake of Afenyo-Markin's warnings that GoldBod's operations could lead to a "very big scandal," and his call to challenge the Minority Leader to rely on the audited financial statements.
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